Project Management Assignment Solution for NMIMS June 2023

Description

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Project Management
Internal Assignment Applicable for June 2023 Examination
Assignment Marks: 30
Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and
for question 3 in not more than 500 words for each subsection. Use relevant
examples, illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for
attempting their assignments, but are not allowed to copy the matter as it is from the
source of reference.
 Students should write the assignment in their own words. Copying of assignments
from other students is not allowed
 Students should follow the following parameter for answering the assignment
questions.
1. A ABC company is launching the new project consist of designing and constructing
a Cricket Stadium and Amenities around it. Prepare the RACI (Responsible,
Accountable, Consult, Inform) Matrix with the following details.
a. Brief activity list (6-8 activities).
b. Figure out 4-6 project management related roles.
c. Prepare the RACI Matrix for the same.
(10 Marks)

2. A ABC company is launching the new project consist of designing and constructing
a Cricket Stadium and Amenities around it. Consider following details for the
project.
a. Feasibility study
b. Estimating the cost – Material and Construction
c. Designing of Stadium and Amenities.
d. Procuring the material
e. Construction and installation
f. Finishing work
You as a project controller are asked to submit your plan for project control. Cover
different project control tools and explain how they will be applied in this case. Also,
mention as a head of project control which control you will monitor personally and
why.
(10 Marks)

3. Answer the following questions:
a. A ABC company is launching the new project consist of designing and constructing
a Cricket Stadium and Amenities around it. For this work we have three options. The
details for these options are given below.
I: Initial investment
C1 to C6: Cash flow at the end of Year-1 to Year-6 respectively.
I C1 C2 C3 C4 C5 C6
Option-I Cashflow -20 5 5 5 5 5 5
Option-II Cashflow -25 10 5 5 5 5 5
Option-III Cashflow -30 10 10 5 5 5 5
Consider Discounting Rate as 8% per year.
(5 Marks)

b. Consider a hypothetical project of conducting a grand event in stadium. Explain the
triple constraints of a project in this context with the examples for each constraint.
Give your summary comment about this. (5 Marks)

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